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There are 68,951 results that match your search.68,951 results
  • Ratings agencies target of Senate investigation
    The US government has launched an investigation into ratings agency culpability for the global financial crisis by artificially boosting credit default swap (CDS) ratings.
    24 November 2008
  • Flagstone appoints new CFO
    Bermudian-headquartered reinsurer Flagstone Holdings Ltd has appointed Patrick Boisvert as Chief Financial Officer (CFO) following a restructuring of the group's Swiss division and main operating company, Flagstone Reassurance Suisse SA, where Boisvert co
    24 November 2008
  • Cayman's Paloma loss falls within deductible
    The Caribbean Catastrophe Risk Insurance Facility (CCRIF) – the multi-country catastrophe risk pool backed by the World Bank has confirmed that November's Hurricane Paloma will not trigger a payout to the Cayman islands.
    24 November 2008
  • Amlin predicts 'strong' reinsurance rate rises
    Amlin plc has predicted a strong rise in reinsurance rating levels as insurers look to retain less of their exposures, reversing the trend of recent years.
    24 November 2008
  • UK asbestos ruling closes industry get-out clause
    While the UK's Association of British Insurers (ABI) welcomed a High Court decision on 21 November which clarified the policy trigger for mesothelioma claims, the judgment has also closed the window for insurers to dispute coverage under employers' liabil
    24 November 2008
  • ACE reassures market on annuity exposures; new CRO
    Bermudian (re)insurer ACE Limited reassured the market on its variable annuity reinsurance exposures last week, as the firm’s share price plummeted 25 percent to close at $37.97 on 20 November.
    24 November 2008
  • Canadian class action targets AIG's $200mn D&O cover
    A Canadian law firm has filed a C$550mn class action lawsuit against American International Group (AIG), AIG Financial Products Corp (AIGFP) and various directors and officers, alleging that the firm caused massive losses to Canadian investors.
    24 November 2008
  • $350mn estimated FI loss from Lehman Brothers Japanese loan fraud
    The beleaguered financial institutions market is facing an estimated $350mn loss as a result of a bankers blanket bond policy for Lehman Brothers, understood to be brokered by Marsh, which has been triggered by an elaborate alleged fraud in Japan...
    24 November 2008
  • BMS and CJ Coleman begin poaching trial
    BMS Group began its claims of conspiracy and gross breach of duty against former senior employees, competitor CJ Coleman & Co (CJC) and its CEO David Merry to the UK High Court last week.
    24 November 2008
  • Hiscox hires key Lexington executives
    Lloyd's and international specialty (re)insurer Hiscox has hired executives from troubled American International Group's (AIG) specialty subsidiary Lexington, The Insurance Insider understands.
    24 November 2008
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